View more on these topics

IMF downgrades growth outlook

The International Monetary Fund (IMF) has made several revisions to its global GDP growth forecasts in its twice-yearly World Economic Outlook.

Its estimate for the GDP growth of the advanced economies has fallen from its projection of a negative 1.8% made in January, to its current forecast of a negative 3.8%.

The biggest GDP declines were forecast for Japan – down from a negative 3.6% to a negative 6.2%, Britain (down from -1.3% to -4.1%), and Germany (down from -3.1% to -5.6%).

The IMF forecasts Chinas GDP growth for this year at 6.5%. At the start of the year it projected it would grow by 6.7%.


Budget holes

Another Budget, another disappointing damp squib. This year’s announcement by the Chancellor was one that will be remembered by some – but certainly not by the mortgage industry.

BUDGET 2009 NEWS: AMI and CML welcome ABSG scheme

The asset-backed securities guarantee scheme announced in today’s Budget has been welcomed by the Association of Mortgage Intermediaries and Council of Mortgage Lenders.

Deflation hits annuities

Inflation-linked annuity clients could see their income fall after the retail price index fell below zero for the first time since 1960.

IHT: What were you doing in 2009?

One of the best sources of new business is your existing clients and, if they are estate planning clients, regular reviews are needed because people’s inheritance tax (IHT) problems tend to only get worse. Now, not a lot of things remain at the same rate as in 2009. If we turn the clock back, it […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm